2014 Corvette's 6.2L V-8 LT1 engine to have 450+ horsepower

The 2014 Chevrolet Corvette is scheduled to hit the market late next year, and Chevy has given us a preview of its brand new engine. The automaker has said that its goal with the 2014 Corvette is to raise the bar in terms of performance engines. It also wanted to focus on fuel economy, while not sacrificing the raw power that Corvette fans expect. It's now been revealed that the vehicle is going to come off assembly lines with a 6.2L V-8 that is able to deliver an estimated 450 horsepower and 450 lb-ft (610 Nm) of torque.

While final numbers will not be available until early next year, Chevy estimates that this will be the quickest Corvette ever, with a 0-60 mph (96.5 km/h) time of under four seconds. The automaker also predicts it will be the most fuel-efficient Corvette, with a higher EPA estimate than the 2013 model's 26 mpg (9 l/100 km) highway.

Chevy added a direct injection fuel system, active fuel management and variable valve timing systems, all of which help generate more power across the entire power band, instead of focusing only on top end. As an added bonus, the direct injection system should also help reduce emissions.

The Corvette LT1 V-8 oil pan and windage tray

The company is also introducing an all-aluminum block and oil pan. This is intended to drop weight, increase rigidity, and help the engine better absorb vibrations. To go along with this, Chevy is also adding iron main bearing caps. These are stronger, and they help produce a quieter ride without sacrificing performance.

Some other features of the Corvette's new engine include an improved cooling system, continuously variable camshaft timing, cylinder deactivation, cam-driven fuel pump, and an improved oiling system.

Chevy is certainly pulling out all the stops for the 2014 Corvette, and if this engine actually surpasses 450 horsepower, we will be thoroughly impressed.